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back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. you just heard from timothy geithner. did the exclusive interview you just saw move the needle in terms of the fiscal cliff being any clo
back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations...
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this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will be at 3.8 trillion if we do go at this pace for a full year here. the precrisis level is $800 billion. i want it put it another way, tyler. increase the balance sheet from '09 to '12 by a trillion dollars. we will do that in one year. aggressive policy from the fed. unaggressive as tyler mentioned the idea of using economic targets for funds rate. we know they were talking about it. we know there was support. we didn't think the federal reserve had unanimity enough to do this. only jeff lacker from richmond fed gave incentive this time around. there is a bit of confusion as i head this statement. t
this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will...
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, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a recommendation, a target of 24. i would actually buy it under 19, i wouldn't exit the trade if i was an investor. we're talking about investments here, 24 is not going to happen overnight. >> okay, mark, going to leave it there. thank you for coming by. >>> coming up next, a closer look at why insiders are kicking their stocks to the curb and whether you should be following their lead. >>> and later, will the fiscal cliff be the grinch that stole chris has? we're doing some on the ground research to find out how shoppers are dealing with washington grid lock. stay tuned. [ male
, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a...
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steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't get no satisfaction today chuck lavelle, small business optimism plunging, election, storm sandy adding to fiscal cliff worries. joining us special guest chuck labelle, the keyboardist for rolling stones if you don't know. co-founder of mother nature network which just merged with discovery and author of a book, growing a better america. since woodall rodgers a business network, i have to ask you, you're a businessman. does this fiscal cliff stuff worry you and the prospect of higher taxes worry you? what do you think? >> i think it worries all of us, d
steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't...
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>> nobody would pay a dime for your love letters, steve. >>> coming up next, the company that's cooked up restaurant hot spots shake shack andgramerty tavern. up next, the ceo sits down at the "fast money" table. danny myer reveals what's on tap for the restaurant business and what he's worried most about 2013. any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just ving your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. ♪ >>> welcome back to "fast money." a new report from the national restaurant association says industry sales will grow for the fourth straight year. but recent data also shows operator optimism at three-year lows. only about one-third of operators expect sales to improve over the next six months. our next guest, though, has big plans for 2013, expects the same for the overall restaurant ind
>> nobody would pay a dime for your love letters, steve. >>> coming up next, the company that's cooked up restaurant hot spots shake shack andgramerty tavern. up next, the ceo sits down at the "fast money" table. danny myer reveals what's on tap for the restaurant business and what he's worried most about 2013. any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just ving your own...
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. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect for an agreement that doesn't involve those rates going up on the top 2% of the wealthy. it's only 2%. >> reporter: of course, up on capitol hill, republicans don't necessarily agree with that. speaker of the house john boehner said today that he is still waiting for a counterproposal now from the president of the united states. and we learned late this afternoon that in fact speaker boehner and president obama had a phone call today. we don't know, however, what was said in that call. but reports are that some progress is being made in these negotiations. at least conversations continuing behind the
. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's...
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welcome its president and ceo, steve joyce. there aren't many hotels being built in america at this moment. that's one reason why people think they'll be able to raise prices next year. what you're doing is very unusual, why? >> we have got a new brand, choice is for the first time breaking into the upscale space, there are a number of deals we were working. we agreed to co-invest with them, we got the deals done and we're here breaking in the first 24 hours, breaking ground in arguably the city with the most hotels. >> you have had to step in and help finance and own the hotels for once in order to get movement there. why was it the priority on that? >> well, one because of financial condition and the financial circumstances for raising money for hotels has been tough for several years. two, we're trying to launch this brand. three we're working with partners and most of our position is a sliver equity or a sliver debt position. they're going to take us out of it and we'll recycle that into great hotels. it's a great opportuni
welcome its president and ceo, steve joyce. there aren't many hotels being built in america at this moment. that's one reason why people think they'll be able to raise prices next year. what you're doing is very unusual, why? >> we have got a new brand, choice is for the first time breaking into the upscale space, there are a number of deals we were working. we agreed to co-invest with them, we got the deals done and we're here breaking in the first 24 hours, breaking ground in arguably...
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is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today and indeed it must be said weaker than eurozone retail sales figures. andy, welcome. where does the euro go from here? >> hi, simon. there's a couple things that make me worried about the euro today. we made a higher high and are making a lower close. as we get into this week, we have only one more week before things turn over as far as risk goes in the financial markets. i'm worried about the fiscal cliff, yes. negotiations look ugly. also i'm worried about u.s. stocks once they start to go ex-dividend and costco and disney on december 10th will be poster children for what happens to
is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today...
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steve satich, ohio congressman, steve latourette, and ambassador nick burns are our guests this morning. it's thursday, december 6th, and "starting point" begins right now. >>> welcome, everybody. our starting point this morning, some major developments to tell you about in egypt, after angry protests against political moves by the president, mohamed morsi, have turned deadly. tanks, armored personnel vehicles, all stationed outside the presidential analysis cairo. not only are they guarding the palace, they're also keeping apart supporters and opponents of morsi. hundreds of his islamist supporters already taking to the streets in cairo this morning. opponents are gathering not very far away. last night the two sides clashed right outside the palace. the violence killed at least five people. hundreds of other people were injured. opponents are demanding that morsi dial back on those sweeping powers that he has granted himself. cnn's reza sayah is live for us in cairo this morning. what's the latest? >> reporter: soledad, we're getting the first signs that maybe, just maybe, cooler head
steve satich, ohio congressman, steve latourette, and ambassador nick burns are our guests this morning. it's thursday, december 6th, and "starting point" begins right now. >>> welcome, everybody. our starting point this morning, some major developments to tell you about in egypt, after angry protests against political moves by the president, mohamed morsi, have turned deadly. tanks, armored personnel vehicles, all stationed outside the presidential analysis cairo. not only...
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pierre and steve sarich will join us. he's filed a lawsuit to try to overturn that law. >>> then, an army of one. but does it still apply when it comes to religion. we'll talk to an outgoing west point cadet. he resigned five months before he was supposed to graduate. he said he was discriminated against because he's not religious. that and many other stories. >> looking forward to it. >>> it's hard to get into the holiday spirit with temperatures around the country as warm as they have been. but i am doing a really good job of it. meteorologist alexandra steele is in for rob. how warm is it? i've got to tell you, it was a little cooler this morning. >> that's right. and it will be cool today. you should be in the low 40s this time of year, and today that's where you've been, but she's referring to the 60s of the past few days. so where's the winter ban? waking up in the morning, you probably enjoy that lack of cold, cold air. but the last nine days around the country, we've seen 1,600 record highs fall. we've got the war
pierre and steve sarich will join us. he's filed a lawsuit to try to overturn that law. >>> then, an army of one. but does it still apply when it comes to religion. we'll talk to an outgoing west point cadet. he resigned five months before he was supposed to graduate. he said he was discriminated against because he's not religious. that and many other stories. >> looking forward to it. >>> it's hard to get into the holiday spirit with temperatures around the country as...
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. >> joining me now is congressman steve israel of new york. chairman of the democratic national campaign committee. welcome. >> hey, carol. >> you heard your colleague from ohio. he says sometimes negotiations between congress and the white house are "charades" and that members are waiting for signals from the obama administration and people like speaker john boehner and majority leader reid before they go forward. do you see it that way? >> well, look, it's critical that the leaders of both parties and the white house, the house and senate come to an agreement fast. now, we have always said on the democratic side, house democrats have said we want deficit reduction that's big, bold and that is balanced. the president has put forth a variety of ideas and programs. the response consistently from house republicans has been, no, no and no. now they did come up with a proposal finally just two days ago. there are elements in that proposal we should talk about. elements in my view that we shouldn't. the bottom line is this. i'm not so sure that we
. >> joining me now is congressman steve israel of new york. chairman of the democratic national campaign committee. welcome. >> hey, carol. >> you heard your colleague from ohio. he says sometimes negotiations between congress and the white house are "charades" and that members are waiting for signals from the obama administration and people like speaker john boehner and majority leader reid before they go forward. do you see it that way? >> well, look, it's...
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and 45-year-old steve forsythe, a former co-worker is speaking out. >> he told me, felix there's two type of people in this world, dreammakers and dream breakers. and he said i'm a dreammaker go live out your dreams. >>> we're also getting an update about the 15-year-old girl who was wounded during the attack. she is in the hospital but expected to survive. she was shot in the torso. the bullet bruised her lung but missed vital organs. months ago she survived another ordeal, when the van she was riding in was struck by a drunken driver. that driver was killed, but she survived. just incredible. john? >> she is a survivor. glad to hear she's in stable and improving condition. dan simon, thank you very much. >>> 34 minutes past the hour. a missouri beating victim fighting back on facebook. 23-year-old amber taylor posted this picture of her bruised and battered face on her boyfriend's facebook page while she was in the hospital. she said she wanted everyone to know that he beat her with a baseball bat after he found out she with you sending texts to another man. her boy friend, 19-year
and 45-year-old steve forsythe, a former co-worker is speaking out. >> he told me, felix there's two type of people in this world, dreammakers and dream breakers. and he said i'm a dreammaker go live out your dreams. >>> we're also getting an update about the 15-year-old girl who was wounded during the attack. she is in the hospital but expected to survive. she was shot in the torso. the bullet bruised her lung but missed vital organs. months ago she survived another ordeal, when...
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. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul ryan of wisconsin appearing together last night at the jack kemp foundation awards dinner in washington, trying to rebrand themselves and their party after a bruising setback in november. cnn political editor paul steinhauser live from washington this morning. paul ryan got hammered during the election. is he dialing back the rhetoric now? >> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels to ri
. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul...
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steve forsyth had two children and loved to coach kid's sports. the 45-year-old businessman had a zest for life, a wicked sense of humor and never said a bad word about anyone. christina shevchenko will recover, but faces more surgery. this is a man who unleashed the carnage, 22-year-old jacob roberts. shocked friends say he was kind and he was upbeat and studying to become a firefighter. kyung lah went to the home where he spent his final hours. >> reporter: anybo >> anybody standing behind it they'll have problems. >> reporter: housemates of jacob tyler not willing to talk about what might have led roberts to open fire on holiday shoppers. >> i've seen him there. >> reporter: neighbors say the 22-year-old moved in six months ago renting the basement of this portland house. >> just came out and he didn't wave or anything, you know, just got out and came out and wiput e guitar case in the car. >> reporter: two hours later the 911 calls were coming n roberts wearing a hockey mask and firing a stolen ar-15 semiautomatic rifle was making his way thro
steve forsyth had two children and loved to coach kid's sports. the 45-year-old businessman had a zest for life, a wicked sense of humor and never said a bad word about anyone. christina shevchenko will recover, but faces more surgery. this is a man who unleashed the carnage, 22-year-old jacob roberts. shocked friends say he was kind and he was upbeat and studying to become a firefighter. kyung lah went to the home where he spent his final hours. >> reporter: anybo >> anybody...
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. >>> next, ne-yo performs before we announce the 2012 hero of the year. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back. our heroes have done so much for our world and as they help those in need, they need our help as well and our support. if you want to donate, you can do at that cnnheroes.com right now. our final performance is a fitting anthem for our show, and here to perform "heroes," three-time grammy award winner, ne-yo. ♪ never doubt, never doubt, here for you, here for me ♪ ♪ worry not ♪ i'll be there, strength when you feel weak ♪ ♪ in the dark when you can't see ♪ ♪ guiding light, i will be ♪ all i need, all i need ♪ is for you to do th
. >>> next, ne-yo performs before we announce the 2012 hero of the year. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science....
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steve schapiro thank you so much. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back, everyone. senator joe lieberman kicking off a farewell with an address after 4 years of service. after this he plans to visit diners across connecticut in the coming weeks to thank voters. >>> nasa says a new meteor shower could make an appearance this week at the same time that the gemenid meteor shower is lighting up the sky. it comes from a debris field that has never crossed paths with our planet before. >>> the air force sending a super secret mini shut well a spectacular launch from cape canaver canaveral. the military is keeping quiet where it's headed, what it's doing and carrying. the launch they cut off the launch commentary 17 minutes into flight, so you couldn't hear what they were talking about anymore. >>> still ahead on "starting point" north korea defying the world lau
steve schapiro thank you so much. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back, everyone. senator joe lieberman kicking off a farewell with an address after 4 years of service. after this he plans to visit diners across connecticut in the coming weeks to thank voters. >>>...
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steve doocy. >> listen we have got a gigantic win for america to tell you about. it happened yesterday in michigan. michigan became the 24th state to pass right to work legislation. what that means is you no longer have to join a union. you just don't have to -- you don't have to join it which is terrific, because there are a lot of people who don't want to. >> stephanie: karl? >> well you don't have to join. you get the same benefit that the union is fighting for, and you don't have to pay into it. >> stephanie: isn't that nifty. >> it's called the right to work for less state now until the voters overturn it shortly, or the 2014 elections happen whichever happen first. >> stephanie: you wait right there, governor walker and governor -- what is his name in michigan -- snyder. yeah you wait right there. karl frisch remains in the side car. seventeen minutes after the hour. kids -- at this point i have a whole archive of the times i made hannity, it is getting quite large. i would hate to lose it. >> how do you save it? >> stephanie: carbonite. >> i see. >> stephan
steve doocy. >> listen we have got a gigantic win for america to tell you about. it happened yesterday in michigan. michigan became the 24th state to pass right to work legislation. what that means is you no longer have to join a union. you just don't have to -- you don't have to join it which is terrific, because there are a lot of people who don't want to. >> stephanie: karl? >> well you don't have to join. you get the same benefit that the union is fighting for, and you...
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. >> steve calling from dallas the texas. hey, steve. good morning. >> how is it going? >> first up. >> i am a first-time viewer. love the show. >> bill: great to have you on board. thank you. >> i wanted to say, to me, i have no problem with same-sex marriages. my whole thing is this is a subject that just needs to be put to rest. i mean i want to get to the bigger issues, the more issues, which is my economy. i want to know what's going on with that, where we are going to go from here. >> bill: yeah. caller: to me, it's more important than whether jimmy and johnny want to get married. >> bill: steve, i am so glad you said that because i think most americans -- at least more and more americans feel that way. right? let's focus on what's important in our lives. right? caller: it's either that or big bird. >> peter: the big issues. >> bill: all right, steve. good to hear from you. now, let's hear, you know, now that you are with us one day, stick around for a while. barbara on the west coast in seattle, washington, what do you say, barbara? caller: well, i tell you i talk
. >> steve calling from dallas the texas. hey, steve. good morning. >> how is it going? >> first up. >> i am a first-time viewer. love the show. >> bill: great to have you on board. thank you. >> i wanted to say, to me, i have no problem with same-sex marriages. my whole thing is this is a subject that just needs to be put to rest. i mean i want to get to the bigger issues, the more issues, which is my economy. i want to know what's going on with that, where...
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>> bill: steve cook, thank you, on the program. who said they've been meeting with the governor, issues about how to resolve the issue. he knew there was a possibility the legislature might do something. he didn't want anything to do with it. he would not sign it if it came to his desk. what happened? >> labor leaders have been telling -- i've also spoken with steve cook. they said that right, they were negotiating with the governor for weeks. they believed he was acting in good faith. and they thought that there was a way to avoid having this right to work bill so it's called go to the governor's desk and have him sign it. then they said all of a sudden, on wednesday they got word that this was all coming down. the governor was going to sign it and they basically were taken completely off-guard. completely by surprise. >> bill: was he lying to them or did the koch brothers get to him? >> that's really unclear. some of the lawmakers michigan's congressional delegation, the democrats met with the governor and they said that his answ
>> bill: steve cook, thank you, on the program. who said they've been meeting with the governor, issues about how to resolve the issue. he knew there was a possibility the legislature might do something. he didn't want anything to do with it. he would not sign it if it came to his desk. what happened? >> labor leaders have been telling -- i've also spoken with steve cook. they said that right, they were negotiating with the governor for weeks. they believed he was acting in good...
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joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its book and it will now purchase 40 billion more a month. that is fancy way of saying what we're doing right now, melissa, we're monetizing our debt. melissa: yeah. >> treasury department is issuing the debt and federal reserve is purchasing the debt and purchases that debt by printing money. melissa: nariman, a lot of people expected before the announcement today they would say they're backing off. instead they said they will target the unemployment rate, you know as if this would give them license to go on morph longer. were you surprised and do you think it's a good idea? do you think steve is right that we're just mon
joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its...
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david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly oine in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#1-800-345-25 rat
david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#:...
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what happened. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the mke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. david: what a strange day. some are way up, some are way down. shares of verifone systems are getting a boost. nicole with more on that. nicole: some stocks jumping, this is a day that verifone is jumping. take a look at the stock right now, a gain of 7.5%. an upgrade from a neutral setting the emerging competition that everybody is worried about is overdone. his growth story is impacted. when they get lake square for example, they are not worried about them at all. with the story they have a price target of $39, which obviously has upside potential closing around 32.5. david: very goo
what happened. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the mke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. david: what a strange day....
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melissa: steve ridgeway, thank you so much. lori: thank you, sir. >> thank you. lori: adam shapiro has been all over this story all morning long. joining us with the very latest in the ongoing news conference. melissa: and take a look at where metals are as we head out to break. gold trading down $5. silver getting hit the hardest. we will be right back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the misize price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. melissa: breaking news right now. the justice department announcing hsbc will pay a whopping $1.9 billion to s
melissa: steve ridgeway, thank you so much. lori: thank you, sir. >> thank you. lori: adam shapiro has been all over this story all morning long. joining us with the very latest in the ongoing news conference. melissa: and take a look at where metals are as we head out to break. gold trading down $5. silver getting hit the hardest. we will be right back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh......
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in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is bringing a lot of production back from china, small and medium sized manufacturers are doing this. go to wal-mart and look at the house brand george, all of it's made in bangladesh, used to be in china. stuart: why is manufacturing-- for years we've said china is the manufacturing center piece of the planet. why is it leaving? >> there are so many reasons. first of all, wage rates are going up much fraster than product ticht and labor peaked political risk is not a factor and now it is, china is trying to use geopolitical leverage and risk of intellectual property loss and china is
in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is...
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. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. connell: unions take a hit with this new right to work law. we also have stubhub president, not. the problem is, pick teams like the yankees and the cubs opting out. more revenue, or taxes, we are hearing a lot about what
. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ [ male announcer ] they are a...
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steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious of videos. a serious of videos where this same sentiment has been expressed t happened in the 2008 republican national convention. what i learned working undercover with the fbi was that these groups oftentimes are supported by the moderate left of center groups. and they are oftentimes protected by them in the media after they get caught by law enforcement. >> that's a fascinating thing, steve, because remember we had the guy deaf -- deficating on the police car and a rape tent set up for women because of the rapes taking place, and it was a really radical movement. we saw violence in cities across america
steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious...
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>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be millions of children this year will wake up without toys. we want everybody to get toys. >> brian: more fox friends friends in two minutes. >> more "fox & friends" in two minutes. >> brian: he knows um... uh... . . umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon.
>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be...
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. >> eric: thank you, steve. get out of here. get the studio back. >> fine. >> throw another log on. ♪ ♪ >> andrea: was up with of the wise men dr. manny with the beard? looks just like him! >> you are okay with the baby? you said you played baby jesus in the manger. >> bob: yeah. >> eric: broke the manger. >> greg: can i point something out, i was on the first fox and friends christmas special and they edited me out. because i was horrible. i will never do holiday specials because i hate them. anyway -- >> dana: you were good at the one we tried to do the other day. >> greg: thank you. this is my bus. my bus. which means the bus tour is back on december 15. through december 17. saturday and monday i'll be in texas, oklahoma, louisiana. if you want to find out more about it go to ggri ggetfeld.co. i'll be at the bookstores signing books. >> eric: "new york times" best seller list, people. don't forget. >> dana: big news today. jim demint of south carolina made a big announcement. he recently won in 2011. and he will be leavin
. >> eric: thank you, steve. get out of here. get the studio back. >> fine. >> throw another log on. ♪ ♪ >> andrea: was up with of the wise men dr. manny with the beard? looks just like him! >> you are okay with the baby? you said you played baby jesus in the manger. >> bob: yeah. >> eric: broke the manger. >> greg: can i point something out, i was on the first fox and friends christmas special and they edited me out. because i was horrible. i...
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we saw the live scenes with steve harrigan. since mohamed morsi, the president there assumed near absolute powers through a constitutional move. he and the muslim brotherhood have been doing things that have a lot of people concerned in terms of ramming through a very controversial new constitution that the people have been very unhappy about. what's going on there. come back home now for a moment and take a look at the latest numbers we have got on the u.s. economy. the weekly unemployment numbers came in as they do every thursday. the labor department reported 370,000 americans filed for first-time unemployment claims. either way, either way, folks, your taxes will go up despite the haggling going on on capitol hill. you will be paying more to the u.s. government. stuart varney joins me now. so, stuart, that's the bottom line. this is what people i think across the country are starting to realize no matter what they negotiate, 2013 will be different for most of us. >> this is the untold tax story. everybody has been concentra
we saw the live scenes with steve harrigan. since mohamed morsi, the president there assumed near absolute powers through a constitutional move. he and the muslim brotherhood have been doing things that have a lot of people concerned in terms of ramming through a very controversial new constitution that the people have been very unhappy about. what's going on there. come back home now for a moment and take a look at the latest numbers we have got on the u.s. economy. the weekly unemployment...
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steve harrigan good to see you. thank you. most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are already talking about 2016. campaign carl cammeron live for us in our d.c. newsroom. they even showed up at the same event. >> they're actually about 16 republicans. maybe just at least that number who are actually looking for a white house run. a couple have already hired advisors and actually specialize in presidential politics. paul ryan has a lot of juice as the 2012 presidential. and marco rubio gave more than 70 speeches for romney over the last campaign year. last year both openly joked together about hitting the trail early in 2016, livin'. >
steve harrigan good to see you. thank you. most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are...
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air now being called the innovator of the year and compared to steve jobs for your innovation. tell me how square is changing the face of american business? >> we start with a simple idea which was, you know, my parents were entrepreneurs. they started up local businesses and my father started a pizza restaurants when he was a kid and my mother the coffee store and they face the challenges just starting up. and also accepting patients extremely challenges, so we made it easy for any small business or neighborhood place it instantly accept credit cards by giving them a free credit card reader and accept credit cards for 2.75% and we signed up over 3 million merchants. >> i have to say when i went to, i drive up past the farmers market and there were people there selling the local farm stuff, fruits and vegetables and organic beef and crafts and those things of things. almost all of them were using square to accept credit card payments and i asked them separately on a sunday. said this is changed the way my family is able to put food on the table and that's got to be incredible f
air now being called the innovator of the year and compared to steve jobs for your innovation. tell me how square is changing the face of american business? >> we start with a simple idea which was, you know, my parents were entrepreneurs. they started up local businesses and my father started a pizza restaurants when he was a kid and my mother the coffee store and they face the challenges just starting up. and also accepting patients extremely challenges, so we made it easy for any small...
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steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence - tunce tsun ami. >> and day after two hunters found two bodies can doysens of people held a vigil to remember elizabeth collins and lyric cook . >> this time the law enforcement is confident based on the investigation that the bodies found yesterday are those of lyric cook and elizabeth collins. >> gretchen: a positive id will be made by the medical examiner. more importantly how did they die? they are accused of aiding terrorist and planning weapons of mass destruction and they will come face to face with a judge in florida. they were both from pakistan . they planned an attack with weapons of mass destruction. prince charles is speaking
steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence -...
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steve, last word? >> okay. listen. unions are parasite who is eat their host alive. g.n. looked for a new host-- the taxpayer. in michigan, the parasites are looking fora i new host -- forcing michigan citizen who is do not want them there to be press into unions that they don't want to join. >> stop blaming the rank-and-file union member. they are not the ones causing this. it's the leadership -- >> yes, they are! >> after steven had his hans -- >> they pulled down a tent! it's not me! it's hundreds of people who were in a tent! come on, man! let's be honest! >> there were flame throwers and cancer patients everywhere. a little more dramatic. >> sean: thanks for being with us. the violence demonstrated by the union protesters is undeniable, the proof is in the footage. why did the mainstream media show none of this? we will look at the phony narrative. plus, tonight, we will check in with michelle malkin and much, much more as "hannity" (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love"
steve, last word? >> okay. listen. unions are parasite who is eat their host alive. g.n. looked for a new host-- the taxpayer. in michigan, the parasites are looking fora i new host -- forcing michigan citizen who is do not want them there to be press into unions that they don't want to join. >> stop blaming the rank-and-file union member. they are not the ones causing this. it's the leadership -- >> yes, they are! >> after steven had his hans -- >> they pulled...
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steve hayes for "weekly standard." kirsten powers for daily beast. syndicated columnist, charles krauthammer. charles? >> look, i love when the president says we need conceptual break through. meaning the republicans have to accept a hike in rates. what he means is a political surrender. because there is no economic reason why you cannot raise the money he wants raised. by doing it through eliminating deductions, inclusions and credit. number one as we saw he, himself, said so. a year-and-a-half ago. secondly, the same debt reduction commission he appointed and then ignored. spoke about raising much more through eliminating deductions and loopholes. and credits. broadening the base. at the same time, lowering the rates. that is the economic ideal. everybody understands it's what happened in '86 in the tax reform. it's what was recommended in the debt reduction commission. in their three scenarios in one of them, they eliminate so many deductions that they would lower upper rates to 23% and still come out revenue neutral. so, of course, it can be done
steve hayes for "weekly standard." kirsten powers for daily beast. syndicated columnist, charles krauthammer. charles? >> look, i love when the president says we need conceptual break through. meaning the republicans have to accept a hike in rates. what he means is a political surrender. because there is no economic reason why you cannot raise the money he wants raised. by doing it through eliminating deductions, inclusions and credit. number one as we saw he, himself, said so....
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steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's start with you. so how does this work? if the police department is quote unquote, laid off, what keeps camden safe going forward? >> actually, the layoffs will not occur until such time as the new force stands up and has sufficient staffing to be able to take over the police functions. >> steve: when is that supposed to be? >> we're looking at the spring. the new police department by the end of spring. >> steve: okay. chief. eric and i both live in new jersey. we know camden has a real crime problem. we can put autopsy graphic that
steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's...
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not clear if the opposition will vote no or abstain from the process entirely. >> steve harrigan in a volatile situation in egypt for us. thank you. >>> weather update from maria molina. will we be seeing falling companies? >> we kickoff the workweek monday and tuesday with record high temperatures. take a look at some of these temperatures. it is december and a lcross portions of the mid atlanticdeg degrees was the record high temperature. changes are moving on in to portions of the great lakes and midwest and even into the northeast. high temperatures today low 40s in chicago. 38 degrees will be the high temperature in minneapolis. in cleveland 32 degrees for the temperature this afternoon. cooler air moving on in. the reason for that is the cold front for shower across new york city. you will need the umbrellas here and there through out the day as we see the showers pushing through behind this system. drier air but much colder. you will feel it tomorrow as we head out the door. out west a lot of stormy weather. good news is we are seeing this winding down across portions of the mi
not clear if the opposition will vote no or abstain from the process entirely. >> steve harrigan in a volatile situation in egypt for us. thank you. >>> weather update from maria molina. will we be seeing falling companies? >> we kickoff the workweek monday and tuesday with record high temperatures. take a look at some of these temperatures. it is december and a lcross portions of the mid atlanticdeg degrees was the record high temperature. changes are moving on in to...
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. >> steve: yeah. we're going to be winners because we hope you will join us tomorrow as is always the case on friday, geraldo rivera is going to be joining us live. and we're going to show you how it take great holiday pictures. you know the photographs? you've got digital cameras. how often do you cut people's heads off? >> brian: florida georgia line coming up in the after the show show. they're awesome and got another great song waiting for you. >> gretchen: join me on studio b today, 3:00 p.m. eastern. here we ép, america. foxç news alert. yo. knewç worries government spending issspeeding out of control againsas the fed chair ben b%jbpgke says he will notmy let up on stimulus÷ú spending until unemploymentç gets a whole letç lower. we're a longay from that. heresin "america's úççç >> 85.ç that will continueb printing a lot of money. for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be
. >> steve: yeah. we're going to be winners because we hope you will join us tomorrow as is always the case on friday, geraldo rivera is going to be joining us live. and we're going to show you how it take great holiday pictures. you know the photographs? you've got digital cameras. how often do you cut people's heads off? >> brian: florida georgia line coming up in the after the show show. they're awesome and got another great song waiting for you. >> gretchen: join me on...
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>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier talk being how yesterday some guy from a union socked him. >> i have never seen an angry mob filled with vitriolic hatred and i want to be clear. i did go in and provoke these people. i tried to provoke rational thought. i tried to provoke civil debate. i tried to then request they stop destroying private property and tearing down and trampling a tents with women and old people in it. then afterwards, a group of us did try and peel them off the tent as they were collapsing it upon women's heads beneath them, which of course, makes m
>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier...
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>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's wanted in belize, a country, for questioning about the murder of his neighbor. >> gretchen: he's been serving up lunch for five years, but it only took minutes for union workers in lansing, michigan, to completely destroy his famous hot dog cart. clinton's cart was inside the americans for prosperity tent and that is the same one that workers violently tore down on the capitol lawn as they protested the right to work law. there is good news here. people are now pitching in to help him out. so far they've raised $14,000 to get his
>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's...
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matt mccall, steve moore. have a question you want answered, hemmer@foxnews.com or twitter, @billhemmer. fire away with a tweet because you asked, bya. martha. martha: there is tense stand with north korea. u.s. forces sending warships to the region as pongyang getting ready to flex its muscle. we have seen it before. is it different this time? we're live with the details. bill: live in cairo, protesters massing at the presidential palace. are they in favor of president or are about these protests to get ugly yet again? we're live in central cairo. martha: today of course is december the 7th. we honor those who made the ultimate sacrifice on that day 71 years ago at pearl harbor. we remember that day which indeed has lived in infamy. >> no matter how long it may take us to overcome this premeditated invasion, the american people in their righteous might will win through to absolute victory. [cheers and applause] [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of p
matt mccall, steve moore. have a question you want answered, hemmer@foxnews.com or twitter, @billhemmer. fire away with a tweet because you asked, bya. martha. martha: there is tense stand with north korea. u.s. forces sending warships to the region as pongyang getting ready to flex its muscle. we have seen it before. is it different this time? we're live with the details. bill: live in cairo, protesters massing at the presidential palace. are they in favor of president or are about these...